Bike Helmet Market to Grow by USD 274.15 Million| Growing Demand for Safety Bike


NEW YORK, Jan. 12, 2022 /PRNewswire/ — The “Bike Helmet Market by Type (Road helmets, Sports helmets, and Mountain bike (MTB) helmets) and Geography (Europe, North America, APAC, South America, and MEA) – Forecast and Analysis 2022-2026” report has been added to Technavio’s offerings. With ISO 9001:2015 certification, Technavio has been proudly partnering with more than 100 Fortune 500 companies for over 16 years.

Attractive Opportunities in Bike Helmet Market by Type and Geography - Forecast and Analysis 2022-2026

Attractive Opportunities in Bike Helmet Market by Type and Geography – Forecast and Analysis 2022-2026

The potential growth difference for the bike helmet market between 2021 and 2026 is USD 274.15 mn at an accelerating CAGR of 5.46%. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

  • Market Driver

  • Market Challenges

The growing demand for safety bike equipment and increasing production of bikes are some of the key market drivers. However, factors such as high cost of the helmets will challenge market growth.

To learn about additional key drivers, trends, and challenges available with Technavio. Read our FREE Sample Report right now!

By geography, the bike helmet market has been segmented into five regions, namely Europe, North America, APAC, South America, and MEA. Europe will be the leading region of the market. It will account for 44% of the market’s growth during the forecast period. The Netherlands, Denmark, and Germany are the key countries for the bike helmet market in Europe. Moreover, market growth in this region will be slower than the growth of the market in North America and APAC. The wide availability of cycling gear will drive the bike helmet market growth in Europe during the forecast period.

By type, the bike helmet market has been classified into three segments, namely road helmets, sports helmets, and mountain bike (MTB) helmets. The bike helmet market share growth by the road helmets segment will be significant during the forecast period. With an increase in the regulations, mandating the wearing of helmets for everyday travel in most nations is improving the sales of road helmets. Moreover, these road helmets have evolved in shapes and their constructions for advanced safety. Owing to these factors, the road helmet segment is expected to boost the bike helmet market growth during the forecast period.

View our sample report for additional insights into the contribution of all the segments and regional opportunities in the report.

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Bike Helmet Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.46%

Market growth 2022-2026

USD 274.15 million

Market structure

Fragmented

YoY growth (%)

4.50

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 44%

Key consumer countries

US, The Netherlands, Denmark, Japan, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Giant Bicycle India, KASK Spa, Limar Srl, Locatelli Spa, MET SPA, ORBEA S. COOP. LTDA., Rudy Project SpA, Specialized Bicycle Components Inc., Trek Bicycle Corp., and ZhuHai Safety Helmets MFG Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

  • Executive Summary

  • Market Landscape

  • Market Sizing

  • Five Forces Analysis

  • Market Segmentation

  • Customer landscape

  • Geographic Landscape

  • Vendor Landscape

  • Vendor Analysis

  • Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email:media@technavio.com
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Cision

Cision

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SOURCE Technavio



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